Plains GP Holdings
PAGP
313 hedge funds and large institutions have $2.86B invested in Plains GP Holdings in 2025 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 125 increasing their positions, 92 reducing their positions, and 35 closing their positions.
232% more call options, than puts
Call options by funds: $96.3M | Put options by funds: $29M
36% more repeat investments, than reductions
Existing positions increased: 125 | Existing positions reduced: 92
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
2% more capital invested
Capital invested by funds: $2.79B → $2.86B (+$68.1M)
1.89% less ownership
Funds ownership: 77.33% → 75.44% (-1.9%)
3% less funds holding
Funds holding: 324 → 313 (-11)
20% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$8.21M |
| 2 |
EGM
Engineers Gate Manager
New York
|
+$7.83M |
| 3 |
Millennium Management
New York
|
+$5.69M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$4.76M |
| 5 |
Mirae Asset Global ETFs Holdings
Causeway Bay,
Hong Kong
|
+$4.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIP
Energy Income Partners
Westport,
Connecticut
|
-$24.2M |
| 2 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$12.9M |
| 3 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$9.26M |
| 4 |
Two Sigma Advisers
New York
|
-$7.88M |
| 5 |
ClearBridge Investments
New York
|
-$7.29M |
PAGP Hedge Fund Activity: Q4 2025 in Review
313 of the 8,265 institutional investors tracked by Wall St. Rank reported a position in Plains GP Holdings (PAGP) for Q4 2025, worth a combined $2.86B — up 2.4% from $2.79B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of PAGP and 28 opened new positions — a net loss of 7 holders — while 92 trimmed existing stakes and 125 added.
The largest buyer was Qube Research & Technologies (QRT), adding an estimated $8.21M. The largest seller was Energy Income Partners, cutting an estimated $24.2M.
- 313 institutional investors held Plains GP Holdings (PAGP) as of Q4 2025, down from 324 in Q3 2025.
- Funds reported $2.86B of Plains GP Holdings stock for Q4 2025, up 2.4% quarter-over-quarter.
- 28 funds opened new Plains GP Holdings positions in Q4 2025 and 35 closed out, a net change of -7 holders.
- The largest Plains GP Holdings buyer in Q4 2025 was Qube Research & Technologies (QRT), an estimated $8.21M added.
- The largest Plains GP Holdings seller in Q4 2025 was Energy Income Partners, an estimated $24.2M sold.
Based on aggregated 13F filings for Q4 2025.